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The Latest Breaking News from Lyft

Why Lyft's Quarter-To-Quarter 'Bumpiness' Could Hurt Stock: 7 Analysts Break Down Q3 Earnings

Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday.

Benzinga

Stock Market Gains Traction; Tesla Trims Losses; Planet Fitness Muscles Higher

The major stock market indexes traded marginally higher on Tuesday morning as Americans cast their midterm votes.

Investors Business Daily

Widening tech, biotech job cuts could jolt broader Bay Area economy: experts

SAN JOSE, Calif. — Bay Area tech and biotech companies have recently revealed plans to chop thousands of jobs, layoffs that raise the specter that these cutbacks might haunt the region’s broader economy.

Tribune News Service

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Dow Jones Rises On Election Day; Nvidia Jumps On New Chip For China

The Dow Jones Industrial Average rose Tuesday on U.S. election day. Nvidia jumped after introducing a new chip that can be exported to China.

Investors Business Daily

California voters weigh new tax on rich to boost EV adoption

California voters are weighing whether to boost taxes on the rich to put more electric cars on the roads

The Independent UK

It’s Election Day. Here’s what you need to vote in Texas.

Polls are open from 7 a.m. to 7 p.m. on Election Day. Here’s what’s on the ballot, what you’ll need to vote, how to get help and how to find election results.

The Texas Tribune

Lyft Stock Plummets After Mixed Q3 Earnings, Tepid Revenue Forecast

"Coming off a strong Q3, we're continuing to take a prudent approach to managing our business to ensure we're successful over the long term," said CEO Logan Green.

The Street

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Stocks Higher Ahead of Mid-Terms, Nvidia, Lyft, Activision And Disney In Focus - Five Things To Know

Stock futures edge higher with mid-terms in focus; Nvidia jumps on report of new chip designed for China market; Lyft plummets after Q3 loss, muted near-term outlook; Activision gets Q3 bump from Call of Duty; confident on Microsoft deal and Disney Q4 earnings will focus on subscriber gains, Hulu purchase…

The Street

Dow Jones Rallies 400 Points With Election Results, Inflation Data On Deck; Tesla Hits New Low

Dow Jones futures were little changed ahead of U.S. election results. Inflation data, including the Consumer Price Index, is due later this week.

Investors Business Daily

How To Trade Lyft Into Q3 Earnings: Has Stock Bottomed Or More Pain Ahead?

Lyft, Inc (NASDAQ: LYFT) is set to print its third-quarter earnings after the markets close on Monday. The stock has been heavily beaten down since reaching an all-time high of $68.28 on March 18, 2021.

Benzinga

California gambling measures failing, millionaire tax for electric vehicles close, new poll finds

SACRAMENTO, Calif. — A California ballot measure to raise taxes on multimillionaires to subsidize zero-emission vehicle programs, which has pitted Gov. Gavin Newsom against his own political party and the ride-sharing company Lyft, is narrowly favored by voters but remains in jeopardy.

Los Angeles Times

Amazon Leads Tsunami of Terrible Tech News

The end of the year is gradually turning into hell for the tech sector.

The Street

Musk Reportedly Suspends Twitter Work On Crypto Wallet, Boeing's Jeppesen Hit By Potential Ransomware Attack, Lyft Cuts Workforce: Top Stories Friday, Nov. 04

Reuters

Benzinga

George Skelton: Yes to abortion rights and arts education: How I'm voting on California ballot propositions

SACRAMENTO, Calif. — Here is a final unvarnished, admittedly biased summary of the seven propositions on the state ballot.

Los Angeles Times

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Benzinga

Intel's Self-Driving Tech Firm Raises Over $800M In IPO, Alphabet Misses Q3 Earnings Expectations, Lyft Cuts Price For Monthly Subscription Plan: Top Stories Wednesday, Oct. 26

Benzinga

Salon

Where the environment is on the ballot

This November, voters in just two states will decide on environmental issues. But there's a lot at stake

Axios

Want a ride in an autonomous car? Try Lyft or Uber

Lyft and Uber are proving instrumental in rolling out driverless technology

The Independent UK

Tax the rich for more EVs? California Democrats split

A California ballot measure that would tax the rich to pay for electric vehicle programs has divided Democrats

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The Guardian - US

A California measure would tax the rich to fund electric vehicles. Why is the governor against it?

Proposition 30 would raise up to $5bn annually to help buy zero-emission cars, trucks and buses; Newsom calls it a ‘Trojan horse’

Benzinga

Need A Lyft For Your Portfolio? This Analyst Says Rideshare Stock Could Double As It Chases Down Uber

Analysts have highlighted a buying opportunity in shares of Lyft Inc (NASDAQ: LYFT) driven by multiple catalysts paired with overly negative sentiment, creating a favorable risk-reward setup.

Benzinga

What Are Whales Doing With Lyft

Someone with a lot of money to spend has taken a bullish stance on Lyft (NASDAQ:LYFT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 12, 2022

Upgrades

AFP

US proposes redefining when gig workers are employees

New York (AFP) - United States labor officials proposed a rule change Tuesday that could make it easier for gig workers such as Uber drivers to be reclassified as employees entitled to benefits.

The Street

Uber, Lyft Whacked Over New Gig Worker Labor Proposals

The Labor Department seeks to end practices that deny workers' rights to full compensation.

Investors Business Daily

Labor Department Proposal On Gig Workers Hits These Businesses

Uber stock, as well as Lyft and DoorDash, dropped on a Labor Department proposal that could reclassify millions of gig workers.

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